Radstone Technology PLC
09 September 2002
RADSTONE TECHNOLOGY WINS £2.24M
TURKISH ARMY STINGER MISSILE CONTRACT
Towcester, September, 2002 Radstone Technology PLC ("Radstone"), the world's
leading independent supplier of high-performance, embedded computer products for
defence and aerospace applications, has been awarded an initial production
contract of £2.24 million by Aselsan Electronic Industry Inc. ("Aselsan") of
Turkey.
Radstone's integrated system will power the fire control system of the Turkish
Armed Forces' Aselsan Pedestal Mounted Stinger System (PMSS), a surface-to-air
point defence missile. Radstone will supply an initial total of 50 units,
shipping development units in September 2002 and the first production units in
mid 2003.
The PMSS will meet and improve the short-range air defence capability of the
Turkish Armed Forces, defending vital facilities as well as armoured or mobile
troops in the battlefield. To meet these different mission scenarios, the PMSS
utilises the same core sub-system on two different vehicle platforms known as
ZIPKIN (based on a four wheel drive Land Rover Defender) and ATILGAN (based on
an armoured/tracked M113A2 personnel carrier).
ZIPKIN and ATILGAN will use 4 or 8 ready-to-fire Stinger missiles for
short-range air defence. These fully automated firing units will provide
co-ordinated operation with command and control systems. They operate during day
/night and in adverse weather conditions, improve reaction time and accuracy of
the Stinger missile and provide higher firepower and mobility. Radstone's
integrated system includes Chassis, PowerPC, and I/O Modules.
The PMSS is the first major weapon systems integration programme totally
designed, developed and manufactured by Aselsan and makes full use of existing
Turkish defence industry capabilities.
Commenting on the win, Radstone's Group Managing Director, Dr. Charles Paterson
said:
" We are proud that Aselsan has chosen Radstone to supply a fully integrated
system for this important programme for the Turkish Armed Forces. It is a
significant endorsement of our rugged computer technology and we look forward to
developing our partnership with Aselsan."
-ends-
Date: 9 September 2002
For further information please contact:
Radstone Technology PLC City Profile Group
Charles Paterson, Group Managing Director Ed Senior
Jeff Perrin, Finance Director Simon Courtenay
01327-359444 020-7448-3244
Web: www.radstone.com E-mail: edward.senior@city-profile.com
For more information about Radstone Technology PLC and its business, products
and services, visit the company's web site at: http://www.radstone.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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